BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:An Iconic Generational Asset Backed by Secure Income\nLemon Bax ter\, in conjunction with TCI\, is pleased to present 2428 River Street\, Richmond for sale a securely leased inner-city industrial investment occu pying a prominent corner position at River Street and Blazey Street.\n\nTh e property comprises a large-format showroom\, retail and warehouse facili ty fully leased to Tradelink Pty Ltd. The lease expires on 30 April 2028\, with a further five-year option\, and generates a current passing net inc ome of $308\,015.83 per annum plus GST\, subject to annual CPI rent review s. The lease also provides for a 24-month notice-to-quit provision\, offer ing flexibility for future owner-occupation or redevelopment.\n\nKey highl ights include:\n- Current passing net income of $308\,015.83 per annum plu s GST\n- Fully leased to national occupier Tradelink Pty Ltd\n- Lease secu red until 30 April 2028\, plus a further five-year option\n- 24-month noti ce-to-quit provision\, allowing flexibility for future owner-occupation or redevelopment\n- Annual CPI rent reviews\n- Net lease structure\, with th e tenant responsible for recoverable outgoings\, including land tax\n- Sub stantial 1\,866.91 sqm* corner landholding across two titles\n- Approximat ely 30.55 m* frontage to River Street and 61.27 m* to Blazey Street\n- Ind ustrial 1 Zone under the Yarra Planning Scheme\n- Strategic inner-Richmond position with convenient access to the Melbourne CBD and major arterial c onnections\n\nFor Sale by Expressions of Interest closing Thursday\, 3 Sep tember 2026 at 12:00pm (AEST).\n\nFor further information or to arrange an inspection\, contact the conjunctional selling agents.\n\n*Approximately. DTEND:20260903T120000 DTSTAMP:20260730T070453Z DTSTART:20260903T120000 SEQUENCE:0 SUMMARY:Expression Of Interest: 24-28 River Street\, Richmond VIC UID:CRE-2021035840-EOI X-ALT-DESC;FMTTYPE=text/html:

An Iconic Generational Asset Backed b y Secure Income
Lemon Baxter\, in conjunction with TCI\, is pleased to present 2428 River Street\, Richmond for sale a securely leased inner- city industrial investment occupying a prominent corner position at River Street and Blazey Street.

The property comprises a large-form at showroom\, retail and warehouse facility fully leased to Tradelink Pty Ltd. The lease expires on 30 April 2028\, with a further five-year option\ , and generates a current passing net income of $308\,015.83 per annum plu s GST\, subject to annual CPI rent reviews. The lease also provides for a 24-month notice-to-quit provision\, offering flexibility for future owner- occupation or redevelopment.

Key highlights include:
- Current passing net income of $308\,015.83 per annum plus GST
- Full y leased to national occupier Tradelink Pty Ltd
- Lease secured unti l 30 April 2028\, plus a further five-year option
- 24-month notice- to-quit provision\, allowing flexibility for future owner-occupation or re development
- Annual CPI rent reviews
- Net lease structure\, with the tenant responsible for recoverable outgoings\, including land tax
- Substantial 1\,866.91 sqm* corner landholding across two titles < br/> - Approximately 30.55 m* frontage to River Street and 61.27 m* to Bla zey Street
- Industrial 1 Zone under the Yarra Planning Scheme
- Strategic inner-Richmond position with convenient access to the Melbour ne CBD and major arterial connections

For Sale by Expressions of Interest closing Thursday\, 3 September 2026 at 12:00pm (AEST).

For further information or to arrange an inspection\, contact the c onjunctional selling agents.

*Approximately.

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